Nanosolar Ups Funding To $500 Million

San Jose, CA -- As part of a strategic $300 million equity financing, Nanosolar has added new capital and brought its total amount of funding to date to just below half a billion U.S. dollars. Last December, the Company introduced the Nanosolar Utility Panel(TM) to enable solar utility power — i.e. giving utility-scale power producers the solar panel technology to build and operate cost efficient solar power plants. The Company has received strategic backing by partners ideally suited to accelerate the implementation of this business — in the form of product supply agreements, strategic collaboration, and equity investments. Link.